Sunday, 7 August 2022 | The Latest Buzz for the Appraisal Industry

Austin Rents Skyrocket Nearly 50% YoY

The median monthly asking rent in the U.S. surpassed a whopping $2,000 for the first time in May —rising 15% year-over-year to a record high of $2,002— according to a new report from Redfin. That’s on par with April’s annual increase of 15%, but a slowdown from March’s 17% gain. “More people are opting to …

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